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Evergrande NEV to raise capital via shares

Evergrande New Energy Vehicle plans to raise fresh capital by issuing more shares to six investors. Specifically, about 174.8 million shares at HK$2.86 each will be placed for expected gross proceeds of about HK$500 million (55.5 million euros). The company plans to use the proceeds for research and development and vehicle production. But the capital […] More…

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